Credo, which held 1.53 crore shares or 3.28 per cent stake in IndusInd Bank at the end of September quarter, bought 19 lakh shares in the private sector lender, as per block deal data on the stock exchanges.

The shares were purchased at an average price of Rs 405 apiece aggregating to a deal size of Rs 76.95 crore.

The shares were acquired from Banque Profile De Gestion Sa, one of the shareholders of the bank. At the end of July-September quarter, the entity owned 1.24 crore shares or 2.65 per cent holding in IndusInd Bank.